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Wednesday, March 14, 2018

Trade in Linseeds

Linseed or flaxseed is the seed from the flax plant (Linum usitatissimum), a member of the Linaceae family. The thin yellow or brown seed is one of the oldest cultivated crops, originating from Mediterranean and Western Asia. The seeds are mainly grown in regions with lower winter temperatures and processed for their nutritional value and high content of fibre and oil. Russia, China, Kazakhstan, Argentina and Canada are some of the largest global producers of linseed.

European imports of linseeds have been increasing, following a decline in 2013. In 2016, linseed imports to Europe amounted to 947 thousand tonnes (€ 410 million). The last 5 years show an annual volume increase of +3.0%, while the value of imports remained stable due to a strong price decrease in recent years

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